From: The GraduateLESSON 2
50-50 CHANCE OF WINNING A WAGER
Welcome back to the Spread Betting University. This is the second class on Sports Betting Lessons. This is The Graduate, and I am back in an attempt to fill your ‘gray matter’ with invaluable information about sports betting online. Once you have graduated from this free schooling, you will have the basis for becoming effective with betting sports.
To begin this lesson, consider this statement, “The chance of winning a bet, for any bettor, is 50-50.” Do you think this is true?
This is the one thing sports bettors do not want to hear. In fact, most of them do not even believe it is true. Well gang, not trying to burst your bubble, but believe it or not, the chance of winning a wager in the sport of gambling, is never better than 50-50.
Take for example in roulette; there is 18 red numbers, 18 black numbers, plus the 0 and 00. That's about a 50-50 chance of one of those two colors will show. The same goes if you bet odd or even in roulette, with eighteen odd numbers and eighteen even numbers. Even high-low bets offer you a 50-50 chance of winning. Eighteen numbers that go from 1-18 are low and eighteen numbers that go from 19-36 are high.
In team sports games, you get to choose one between the two competing teams, hence giving you a 50-50 chance. If you choose the Boston Celtics over the Minnesota Timberwolves, there is a 50-50 chance that the Wolves will beat the Celtics and you hold a loser.
The point is, no matter how good a handicapper you are, from the best professional capper down to the moron on the street, each have a 50-50 chance of winning in the world of betting sports. It is just a matter of how loud you can cheer, and how proficient you can will, your team to win the game, and subsequently, your bet.
Well that is it for this session. For your homework, I would like you to contemplate today’s lesson. What does this really mean when sports betting online? Does anything affect the 50-50 chance? How can the bettor assess this random event to their advantage? These questions, and many more, will be addressed in future classes. See you in the next class at the Spread Betting University, and remember no cutting class!!
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